AUDNZD
I wait for bearish correction to open long position consistent with trend. Yesterday’s decrease was too small and didn’t reach earlier resistance (now support). I will look for Price Action signals on H4 chart.
If you are interested in Price Action Strategy description, you can read it here.
AUDUSD
Aussie is testing resistance and it can be opportunity to open short position. Trend is still bearish and if there will be clear sell signal we can open shorts.
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NZDUSD
Buy signal on this pair. Yesterday’s candle tested support, rebounded from it and formed pin bar (with very small body). It is correct signal, I set buy limit order on 50% retracement of mentioned candle. Take Profit is on next resistance – 140 pips. With 40 pips of SL RR is 3.5:1.
USDCHF
I still wait for buy signal on this pair. it broke resistance, which should now become support and if there will be buy signal with test from above, I will open long position.
